Fintech firms in London are expanding

 

The UK has a pretty solid fintech sector which has been designing innovative and secure payment services for consumers. However, it has become even more popular following the pandemic. A report from Finextra has revealed that the coronavirus has accelerated digital adoption. Since more people are using computerised financial solutions, investors are disbursing more money into this industry.  For instance, between January and September 2020, London’s fintech sector attracted $3.6 billion ($4.2 billion) in venture capital investments, which puts the city in second place globally.


People are investing more into fintech © Royalty-free image

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